I am grateful
![](https://clsbluesky.law.columbia.edu/wp-content/uploads/sites/2/2019/09/hayden-e1622658156751.jpg?w=150)
![](https://clsbluesky.law.columbia.edu/wp-content/uploads/sites/2/2019/09/bodie-e1568220963846.jpg?w=417)
What Comes After Shareholder Primacy? Employee Empowerment
In corporate law, the U.S. academic elite stubbornly clings to shareholder primacy as the foundational principle of the field. The concept is simple, even elegant: Shareholders should be given ultimate control of the corporation because they are entitled to the …